Steven Horn
Investor-Friendly 8.8-Acre Development-Ready Opportunity with Existing Home – Denison, Texas
Located in one of Denison’s hottest growth corridors along HWY 75, this exceptional 8.79-acre tract at 3220 Randell Lake Rd, Denison, TX 75020 (MLS #20938391) offers prime investor upside with immediate development potential and multiple income/hold strategies in the path of explosive North Texas expansion.
Currently ag-zoned with valuable agricultural tax exemption (low holding costs), the property is fully development-ready with city water, sewer, and electric already on site. A well-maintained 3,150 sq ft, 3-bed/3-bath home (built 2007) provides flexible interim use as an office, event venue, sales center, staff housing, or short-term rental income while entitlements and plans move forward.
Self-storage and retail projects are already breaking ground adjacent to the property, boosting visibility and momentum. The site sits minutes from new single-family communities and is positioned to benefit directly from the massive Preston Harbor development and the highly anticipated Margaritaville Resort on Lake Texoma — creating strong demand for retail, mixed-use, hospitality, storage, or higher-density residential uses.
Whether you’re an investor seeking value-add cash flow, a developer looking for shovel-ready acreage with utilities in place, or a strategic buyer capitalizing on Denison’s booming commercial and residential surge, this tract delivers multiple exit strategies and significant long-term appreciation
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